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Jan 24, 2013
01/13
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FOXNEWS
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one op-ed suggests it may be linked to drop in tax and regulatory policies, that discouraged business investment and job creation for all workers, including union workers. lou dobbs is the host of "lou dobbs tonight" and the percentage of union workers, the lowest in 76 years. >> and it's a decline taking place, megyn under president obama whose principle allies and his ground operations are america's labor unions. the afl-cio service employees unions, the teachers unions, and the national labor relations board which he has stacked with his democratic allies, pro labor, driving the principal agency in charge of relations between business and labor. >> megyn: they've tried to make it as easy as possible nlrb for a company to union, a work force to unionize. why is it? because the companies are hurting and therefore, they dent feel -- the unions don't feel like they could extract what they want from the company, so why bother? >> well, the unions are extracting what they can and it has risen in point of fact. and the extraction takes place really between the union member, the man or wom
one op-ed suggests it may be linked to drop in tax and regulatory policies, that discouraged business investment and job creation for all workers, including union workers. lou dobbs is the host of "lou dobbs tonight" and the percentage of union workers, the lowest in 76 years. >> and it's a decline taking place, megyn under president obama whose principle allies and his ground operations are america's labor unions. the afl-cio service employees unions, the teachers unions, and...
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Jan 25, 2013
01/13
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CURRENT
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won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will ever have to do something important for this nation in order to get things done no matter which party is in charge and go aheadet rid of the filibuster or at least fix it so that it can't -- it's not subject to such abuse and refuse to do it. just walked away from that opportunity. harry reid did. diane, up in buffalo new york hey, diane, good morning. >> hey, bill. how are you? >> bill: i am good. just a little -- caller: i am not just disappointed. i am angry. i am so angry at harry reid. you know, we fight the fight every day against these republicans against the middle class to
won the presidency, rammed through those bush tax cuts in march of his first year in. democrats get power, and they are free to use it. this time, we democrats won the white house. we picked up what? three seats or whatever it was in the senate, held on to the senate and picked up, up to 55 votes in the senate and picked up -- didn't win the house but won eight new seats in the house of representatives. so democrats have the power today. this was the best moment, the best opportunity we will...
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Jan 31, 2013
01/13
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MSNBC
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because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good signs and signs of some kind of sanity seeping in. >> and dana, maybe it's all in a name. because i think what continues on for sure is this conservative domination particularly in republican primaries. i mean, here you've got mitch mcconnell being threatened now in kentucky and next year's election from the right. >> right. and the tea party's never really been an organized political force. and i'm using that as a shorthand for the far right that's been dominating the party right now. and as i point out in the column, that force really isn't going any
because he's trying to do away with personal income taxes. and he wanted to eliminate hospice care for medicaid patients. so this perspective on spending that the tea party brought certainly hasn't gone away. anytime you've got 36 united states senators who voted down sandy relief a couple days ago, you know that something has fundamentally changed about the way that republicans talk about government. so i think it's too early to say that they're dead, but all the things dana points to are good...
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Jan 31, 2013
01/13
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MSNBC
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time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same time. in selecting cowan, governor patrick passed over former congressman barney frank who openly lobbied for the job. cowan will serve until april 30th when massachusetts voters will choose someone to fill out the remainder of kerry's term. we'll be right back. stand. our financial advice is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] [ male announcer ] life brings obstacles. usaa brings retirement advice. call or visit us online. we're ready to help. learn more with ou
time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> massachusetts governor duvall patrick has named a place holder to fill the senate seat of john terry. he'd be the second african-american in the senate. tim scott of south carolina, another appointee is the other. it's the first time in history that two african-americans have served in the senate at the same...
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Jan 26, 2013
01/13
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MSNBC
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it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if we win on november 6th, there will be a great deal of optimism about the future of this country. we'll see capital come back, and we'll see -- without actually doing anything, we'll actually get a boost in the economy. >> i mean, there would be no way the economy could sustain a kenyan muslim socialist assault on all that is good and right and american. but our markets for another few days, much less four more years. again, today is january 25th. and the markets are supposed to be in the tank. so when i heard this, i could barely understand the words. >> this is some sustained growth in the stock mark
it's been three weeks since the congress and the president raised taxes to prevent the fiscal cliff. before the election they called it taxmageddon. many said all they needed was mitt romney to save them. even mitt romney was in awe of mitt romney's awesomeness. >> they'll probably be looking at what the polls are saying, but it looks like i'll be winning the markets and the markets will be happy. it looks if the president were to win the markets would not be so happy. my own view is if...
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Jan 24, 2013
01/13
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CSPAN2
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relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even though a majority of senators voted for cloture. not 60 but a majority. so the majority thwarted from even bringing these up and debating them and even letting people offer amendments. now, it used to come that if a senator opposed a bill, he or she would engage in a spirited debate, try to change people's minds, attempt to persuade the public, offer amendments, vote "no," and then try to hold members who voted "yes" accountable at the ballot box. isn't that what it's about? in contrast, today, to quote former senator charles mathias, a republican, in 1994. here's what he said, 1994 -- quote -- "the fili
relief act, paying fair share act of 2012, repeal big oil tax subsidies act, teachers and first responders back-to-work act, american jobs act of 2011, public safety employer-employee cooperation act, paycheck fairness act, creating american jobs and ending offshoring act. now, again -- again, it's not that the bill was filibustered. the right to even debate these bills and vote on them was filibustered. one thing, he go on the bill and they filibuster. no, we couldn't even debate it. even...
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Jan 31, 2013
01/13
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MSNBCW
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in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all government services and cause real serious problems. so in that sense we are heading toward greece by taking away a great tax system and replacing wit a weakened one. >> why are these changes taking place in the irs? why are they not being as aggressive as they used to be? >> well, because for years now, the republicans have attacked the irs. and at one point, you may recall, i broke the story years ago that you were actually more likely to be audited if you were poor than if you were affluent. we've cut radically the audits of corporations. and the irs now tells corporations, well we'll only audit you on these issues and you have this many days. we'll close the audit whether we're done or not. that's not really doing the j
in greece they do not have an effective tax system, and people cheat left and right. we are starving the irs. i've been talking to people inside the irs whose units have been cut 30, 40, 50% in personnel, and they're not auditing, and they're not going after the tough cases that will mean the less money for the government and the less money for all government services and cause real serious problems. so in that sense we are heading toward greece by taking away a great tax system and replacing...
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Jan 27, 2013
01/13
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CSPAN
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he said we need more taxes, and we'll be back asking for more taxes later. so as nearly as we can tell, based on what he has said, the taxes that he would lik to add to the ones he got by operation of law two and a half weeks ago is this light blue line right across here. so if the president were given all the tax increases he says at the moment he wants, that would provide this amount of revenue going out to 2040. as you can see, madam president, that doesn't do anything to lve the problem because the red here represents spending in the past and the spending escalation that will occur if we don't do anything to solve the spending problem. look at this line dramaticall going up to 2040. so as you can see, there's not enough revenue you can raise without completely shutting down the economy and solve the problem. in fact, it produces a rather static and totally insignificant amount o revenue in order to deal with the massive spending problem. so this constant demand for more and more tax increases on what i guess people assume the more successful guy down the
he said we need more taxes, and we'll be back asking for more taxes later. so as nearly as we can tell, based on what he has said, the taxes that he would lik to add to the ones he got by operation of law two and a half weeks ago is this light blue line right across here. so if the president were given all the tax increases he says at the moment he wants, that would provide this amount of revenue going out to 2040. as you can see, madam president, that doesn't do anything to lve the problem...
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Jan 31, 2013
01/13
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MSNBCW
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stay with us. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. >>> welcome back to "the ed sho show". here on this program, we have been focused on the latest republican effort to rig the 2016 election by changing how the electoral votes are counted in a handful of battleground states. battleground states. currently, the winner of the state-wide vote gets all of the electoral college votes. under the plan proposed by republicans, electoral votes would be awarded by congressional district. congressional districts, which have been gerrymandered beyond recognition to tip the scales for who? the republicans. their election-rigging effort would turn this 2012 electoral map into this, a scenario where the lo
stay with us. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. bikes and balloons, wholesome noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. that's what happy kids are made of. campbell's. it's amazing what soup can do. >>> welcome back to "the ed sho show". here on this program, we have been...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
SFGTV2: San Francisco Government Television
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Jan 28, 2013
01/13
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SFGTV2
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we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here from oakland cut -- oakland, i saw those cars in the ordinary lanes. one person per car. you have this one person with all this steel and plastic and oil. it is ridiculous. we're figuring out ways to do that. whether it is high speed rail or electric cars. the first will be rolling off the factory in treatments in the next few months -- in three months and in the next few months. yes, the innovative companies are small. the electric cars -- the tanks are small but so is fairchild or in tal or hewlett-packard -- intel or hewlett-packard or steve jobs. the seats we plan
we can talk about regulation and pension and taxes and the government. a lot of that is [inaudible] a survey said housing prices are too high and that is a negative factor on recruitment. i thought, maybe we can bring the prices down. foreclosure works magic. i do not think you want that. you want rising wealth which could translate into a rising houses -- housing prices. you can increase density and breakdown similar rules, you get more people. there's a lot of things. as i drove down here...
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90
Jan 26, 2013
01/13
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CSPAN2
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eye 90
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i've been signing all these tax returns, where is this billionaire stuff? i believe when i was criticized for rich people stealing democracy from the little guys in a superpac. other people said i increased democracy because i allowed a person to run who would have had a less chance to run. so when i travel, get so many thank yous from people who maybe were making 30, 4 , 50,000 or whatever, and said, i couldn't have helped that much, but thank you very much for what you did to promote his candidacy. i want to do it in the future. i love this country. it's been good to me and good to the world. if you remember getting on a commercial airline, they say if the oxygen mask deploy, put it on yourself first and then put it on your kids. we have to think about that. our nation has the opportunity to be the shining city on the hill. we have to take care of our only financial orders first. our own social problems, and then we can be a better influence around the world where people are craving for the kind of freedom we have, willing to cross a river to get this. no
i've been signing all these tax returns, where is this billionaire stuff? i believe when i was criticized for rich people stealing democracy from the little guys in a superpac. other people said i increased democracy because i allowed a person to run who would have had a less chance to run. so when i travel, get so many thank yous from people who maybe were making 30, 4 , 50,000 or whatever, and said, i couldn't have helped that much, but thank you very much for what you did to promote his...
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Jan 31, 2013
01/13
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MSNBC
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eye 48
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if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> he does exist. >> they do exist. >> this next segment reminded our stellar producer brian of that commercial when santa discovered walking and talking m&ms do in exact exist. it's time to debunk that same political myth about th
if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty....
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Jan 25, 2013
01/13
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CSPAN
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eye 190
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the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the government. host: president in his inaugural address earlier this week addressed the issue. the first time the word gay was used in an inaugural address. here's a portion of his speech. [video clip] >> we the people declare today that the most evident of truths that all of us are created equal is the star that guides us still just as it guided our forebears through seneca falls and selma and stone wall, just as it guided all those men and women who left footprints along this great mall to hear a preacher say that
the tax code. the tax code is preferential for some people in some income levels and some circumstances and then other people talk about the marriage penalty under the tax code and it's not preferential. so i will stay away from the tax code, because the tax code is extremely confusing. and i don't think it's the real issue here. i'd love to see the tax code issue resolved. in the meantime, i'm much more interested in seeing lesbian and gay families be recognized and treated fairly by the...
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Jan 29, 2013
01/13
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WUSA
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. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit card at the checkout. these fees are all part of a settlement from the 2005 lawsuit between visa, mastercard and nine banks. ten states passed a law that bans this checkout fee. some retailers, though, are saying they're not automatically going to apply this so it's probably a good idea to check before you swipe the next time. >> you don't find out unless you go through a fine tooth comb on your account. >>> it's 4:42. less than a week ago, we had temperatures in the teens overnight. soon it's going to feel a lot more like april around here. howard is up next to tell us why. >> a consumer alert for ravens fan
. >>> and here comes the tax manual. the i.r.s. will accept 2012 tax returns starting tomorrow. that's eight days later than the agency had originally planned. the tax filing deadline got pushed back due to some changes that congress made to the tax laws to avoid the fiscal cliff. >>> also, you may want to swap out your credit card for a debit card the next time you pay for a purchase. here's why. retailers can now charge customers up to 3% more when they swipe their credit...
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by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the conservative movement would step out of the bubble and they'd see that giving more money to working people actually does help the economy a new jersey policy perspective analyzed the economic economic impact in new jersey of raising the minimum wage and found it would lead to an economic boom it would mean four hundred thirty nine million more dollars in the hands of working people in that state that would increase economic activity by two hundred seventy eight million dollars in the first year an equivalent of two thousand four hundred twenty new full time jobs would be. created all this from rai
by trickle down economics or the sort of economics that says if you give a bunch you're rich people tax cuts and all that extra money they keep will eventually trickle down on to the rest of us and it will do more than just create a nation of it's after thirty years of trickle down economics we know what really happens here go down economics just makes us a nation of peons of peons working for a minimum wage is lost half its value since the nine hundred sixty s. if christie and the rest of the...
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Jan 26, 2013
01/13
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MSNBC
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he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a half. and ryan needs $800 billion. is ryan really going to cut all that by half, by more than half? that would be the most unpopular budget in history, it would be a disaster. or would the republican party change their promises and cut into medicaid or social security in the next ten years? this is what they have backed themselves into, these choices. there is a reason why ryan, who is really a conservative guy, who is trying to create a budget, that was a genuinely conservative guy, if you're not raising taxes you can't do i
he ruled out tax increases. house republicans don't want to cut defense spending, in fact, in the romney campaign they wanted to raise it quite a bit. in theory, you shouldn't cut medicare for anybody retiring in the next ten years, so you can't get cuts there if you stick to that. the whole budget, it is only about a trillion and a half dollars. that is all of our spending on the poor and education, and skills training and research, everything else we're doing, it is about a trillion and a...
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Jan 30, 2013
01/13
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CURRENT
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- ways in which states can help residents stay out of profit including learning to save more, using tax credits to do that and also giving people more access to public health insurance plans like medicaid. we're back after the break. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first one to call them out. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. desmond tutu said a quote that is one of my favorite quotes. "we are tied together in a web of humanity. i am a person only through you. i can only be a person only through you." that really resonates me and drives my work. the world is becoming an incredibly connected place. mobile phones are really driving that connection. at kiva, we run an internet marketplace. people can lend to other people for the purpose of starting a small
- ways in which states can help residents stay out of profit including learning to save more, using tax credits to do that and also giving people more access to public health insurance plans like medicaid. we're back after the break. i think the number one thing that viewers like about the young turks is that we're honest. they know that i'm not bs'ing them with some hidden agenda, actually supporting one party or the other. when the democrats are wrong, they know that i'm going to be the first...
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Jan 27, 2013
01/13
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WETA
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we can rally evangelical christians and others to advance really our economic agenda, of moving our tax dollars to the few and the wealthy." and it has just been a very effective political movement because it has been able, i think, to successfully portray itself as only being attacking abortion, only attacking this decision by certain women to end their pregnancies, and according to them, kill their babies. and so it's very popular because it looks like they're just defending some notion of life for fertilized eggs, embryos, and fetuses, something that seems very abstract and beautiful to many people, without really exposing what they're really doing, which is creating the basis for removing pregnant women from the xhuget of constitutional persons, for jeopardizing mater nal, fetal, and child health and creating what we're seeing as a new jane crow. >> and jane crow, not jim crow, jane crow meaning? >> you look at the abortion issue, the so-called personhood measures and anti-abortion measures, what they are really doing is creating precedent for a permanent underclass of all women. we
we can rally evangelical christians and others to advance really our economic agenda, of moving our tax dollars to the few and the wealthy." and it has just been a very effective political movement because it has been able, i think, to successfully portray itself as only being attacking abortion, only attacking this decision by certain women to end their pregnancies, and according to them, kill their babies. and so it's very popular because it looks like they're just defending some notion...
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Jan 29, 2013
01/13
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MSNBC
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tmz reports simpson owes more than $500,000 in back taxes. according to the report, the irs has just slapped him with another tax lien. that is the third time in the last 12 months. >>> bailout rage returns. cnbc's mandy drury is here with what's moving your money. and at a time where most workers would be happy to get any kind of raise, big pay hikes still going out to companies that got billions of dollars in taxpayer bailouts. >> that's right, chris. according to a watchdog report this morning, the treasury department ignored its own guidelines on executive pay at firms that received taxpayer bailouts. and last year approved compensation packages of over $3 million for senior execs at companies like general motors, allied financial, and aig. now, apparently, the government's pay czar signed off on $6.2 million in raises for 18 employees at those three companies. and the ceo of a division at aig received a $1 million pay raise. an exec at gm's troubled european union was also given a $100,000 pay raise. and in another instance, chris, appar
tmz reports simpson owes more than $500,000 in back taxes. according to the report, the irs has just slapped him with another tax lien. that is the third time in the last 12 months. >>> bailout rage returns. cnbc's mandy drury is here with what's moving your money. and at a time where most workers would be happy to get any kind of raise, big pay hikes still going out to companies that got billions of dollars in taxpayer bailouts. >> that's right, chris. according to a watchdog...
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that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l a times or any other article big government thinks that this is also going to diminish risky behavior by banks toure's that's it for your take my take alive thanks for all your calls and if we didn't get your calls tonight try is back next week. coming up all across america republicans are working to hard to corrupt our democracy and to rig the twenty sixteen election how could reforming the american voting process help to put integrity back into our democracy. let me let me i want to wouldn't let me ask you a question from. here on this network is
that tax the securities transaction exchange rice tax. ok i'm reading an article right now from the l.a. times eleven european countries have received the green light tuesday to plan a financial transaction tax that could generate billions of dollars in revenue for cash strapped go for government on the on the order of fifty billion dollars you're absolutely right richard thanks for calling and bringing that up and not only will that raise revenue but as they pointed out you can read in that l...
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Jan 24, 2013
01/13
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CSPAN2
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he said we need more taxes and we will back asking for more taxes later. so is nearly as we can tell based on what he has said the taxes he would like to add to the ones he got in the operation of law to a half weeks ago is this light line right across here. so if the president were given all the tax increases he says that the moment he wants that would provide this amount of revenue going out to 2040. as you can see madam president that doesn't do anything to solve the problem because they read here represents spending in the past and the spending escalation that will occur if we don't do anything to solve the spending problem. look at this line. dramatically going up to 2040. so as you can see there is not enough revenue you can raise without completely shutting down the economy. and solve the problem. in fact it produces a static and totally insignificant amount of revenue in order to deal with the massive spending problem. so this constant demand for more and more tax increases on what i guess people say are the more successful guy down the street may
he said we need more taxes and we will back asking for more taxes later. so is nearly as we can tell based on what he has said the taxes he would like to add to the ones he got in the operation of law to a half weeks ago is this light line right across here. so if the president were given all the tax increases he says that the moment he wants that would provide this amount of revenue going out to 2040. as you can see madam president that doesn't do anything to solve the problem because they...
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Jan 24, 2013
01/13
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CSPAN2
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it's the ste tax a to it thealax it's the excise tax. it's the car tax. it's the alcohol tax. it is the excise tax. it is the tolls we pay as we travel down the highways. it is any number of things that add up to a burden of taxation on the american people that is severely hampering our ability to grow and our economy to provide the necessary employment and the necessary jobs for people so desperately in need of and looking for that work. while the president has problems community has. a recent survey of chief executives said they are considerably less optimistic about short-term growth prospects for their companies than they were just a year ago. the reason? uncertainty. the business community does not have confidence in the growth prospects for our country because there is little confidence that washington can get its act together and deal with the spending crisis that is dragging down this economy. in an atmosphere of uncertainty, investors, businesses and consumers proceed with caution. they hold back in making significant investments or expenditures. and they don't hire p
it's the ste tax a to it thealax it's the excise tax. it's the car tax. it's the alcohol tax. it is the excise tax. it is the tolls we pay as we travel down the highways. it is any number of things that add up to a burden of taxation on the american people that is severely hampering our ability to grow and our economy to provide the necessary employment and the necessary jobs for people so desperately in need of and looking for that work. while the president has problems community has. a recent...
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Jan 30, 2013
01/13
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CSPAN2
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tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer, rubio, and others, which moves us towards comprehensive immigration reform, embraces of this vital core principle. i also welcome president obama's contributions to this discussion and look forward to hearing what he has to say today in las vegas. it carries a bipartisan agreement that it is -- to make room for foreign-born american educated experts who want to apply their skills, start businesses and raise their families are. at the same time went to dramatically improve s.t.e.m. education available to american citizens to fill this dra
tax dollars and american charitable giving. and then telling them they cannot repay those investments by contributing to the u.s. workforce. is both bad policy and bad business. that's what i've been working on this issue since i rise in the senate introducing three bills in calling for the creation of a new class of green cards for immigrants to earn an advanced student agree from an american university. i was glad to see the bipartisan framework released yesterday by senators mccain, schumer,...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are payi
and you're saying taxing education is shared only d.p. there well if you want it as a share of per capita basis that's different ways to look at it you can look at it on a per capita basis and you will see that actually during the obama administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that...
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Jan 28, 2013
01/13
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you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector economic growth is the only solution to we fell in government coffers so that the money that would have to come direct from the taxpayer and reducing the debt and reducing the deficit. >> and under those conditions, here's where it gets interesting your it has been tax cuts. that is the policy, what is the republican solution is, as i think you're the first person to lay out succinctly as anybody, is a series of governmental reforms that are brushed, that make policies more coherent, that allow both on the tax side and the health care reform side of health care cost side
you're going to cut taxes, you cut taxes nation. cut rates, you don't target. targeting and particularly at the state and local level, targeting is where giveaways take place. targeting is where, it's where you play with, you figure out ways to appeal to people. so what that means is if you're in a time when broad-based tax cuts is no longer a realistic strategy, then the only way to get past where we are now is through economic growth, right? economic growth is the only solutions, cross sector...
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Jan 29, 2013
01/13
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let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to one. no other state's done it. but every state has the same problem. you have to build infrastructure. >> the say the of oregon was doing a pilot program that was going to track miles. did you look at something like that. >> we did. there's privacy issues with some of those things. you could do it. look at the inspection once a year and give them a bill. you get sticker shock once a year. this seems to be the better way to go. pay for it as you use the services. >> we haven't talk board of directors miami yet. >> the leader in acc basketball. >> i'm going to ask you quickly about politics in virginia. >> yes. >> at what po
let's convert it to a sales tax. >> why a sales tax and not sort of a user fee, come up with other user fees, more tolls? >> first of all, we already use the sales tax for transfortation. a half a cent right now. >> you want to raise it. >> on a revenue neutral basis to replace the gas tax revenue essentially dollar for dollar. sales growth gross was economic activity whereas the gas task declines. we saw a poll of all the ideas out there, people favor that one two to...
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Jan 24, 2013
01/13
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the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the wars? or do you think maybe we could insure maybe another 30 million people? do the math. that would pay for about half of obama care. that would really make the righties happy. think about it. why is it number one, wall street doesn't get prosecuted. number two, they get off scot-free on these transactions. this is an easy thing, and nobody is going to feel it. everything is going to be fine. joining me tonight, david cay johnston, pulitzer prize winning journalist and author of "the fine print." david cay, grit to have you with us. >> good to be here. >> explain what a high-speed trade is for thos
the proposal would put 3 cent tax on every $100 of stock bonds tax derivatives, saying it would generate $352 billion in ten years. not chump change. think about it for a second. here is 520s. there is $100. visualize this. there is $100. every time there is 100, there is three cents. i better get my piggy bank out here. just like that. that's it. that's it. one hundred, three cents, there you have it. what could we do with $352 billion? do you think maybe we could pay for at least one of the...
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Jan 27, 2013
01/13
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and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are. for us conservatives will argue our objective is to elevate everybody by increasing prosperity, by unleashing the private sector from overbearing government regulation so everybody can prosper. we believe there's an unlimited ability for prosperity. the left believes it's a fixed amount and everybody gets a slice. that's not how we see things. you don't hear the laughter ticket waiting a response to that discussion because what obama wants to do is force redistribution. if you are honest about that, his goals of not just equalize the number one, they're putting them down because that's what happe
and then you have conservatives arguing for lowering taxes since we passed corporate tax rate in the world on the rationale for why that works. why from an economic standpoint that produces more prosperity, how it works under ronald reagan, how jack kennedy did it, which you don't hear the same argument coming from this administration. they can't argue the facts because the facts do not back them out. they also can't come forward and have an honest discussion about what their objectives are....